United rentals announces record first quarter results and raises 2024 guidance to reflect the acquisition of yak

Stamford, conn.--(business wire)--united rentals, inc. (nyse: uri) today announced financial results for the first quarter of 2024 and raised its full-year 2024 guidance to include the expected financial contribution from the company's acquisition of yak1 on march 15, 2024. first quarter 2024 highlights total revenue of $3.485 billion, including rental revenue2 of $2.929 billion. net income of $542 million, at a margin3 of 15.6%. gaap diluted earnings per share of $8.04, and adjusted eps4 of $9.
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